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According to the public record, Ground Floor Flat, 1, Malvern Road, Gillingham is a period apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Ground Floor Flat, 1, Malvern Road, Gillingham is £174,371 and the estimated rental value is £997 per month.
Malvern Road, Gillingham, ME7 is located within the ME7 postal district.
Ground Floor Flat, 1, Malvern Road, Gillingham has no records in the the Land Registry and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Ground Floor Flat, 1, Malvern Road, Gillingham is in very good condition we estimate a sale value of £183,090 and a rental value of £1,046 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,165 and a rental value of £927 per month.
Over the last 12 months the sale value of Ground Floor Flat 1 Malvern Road Gillingham has decreased by an estimated £713 (0.4%) and its rental value has increased by an estimated £20 per month (2.0%), giving an expected gross yield of 6.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor Flat, 1, Malvern Road, Gillingham within a radius of 540 metres over the last 2 years.
The most recent example is 26, Malvern Road, Gillingham, ME7 4BA, a leasehold flat which sold for £230,000 on the 17th April 2019.
Read more about house prices in ME7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Road, Gillingham, ME7 has a total of 96 addresses. According to our analysis of all the public data, Ground Floor Flat, 1, Malvern Road, Gillingham is the 96th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in ME7.
The closest station to Ground Floor Flat, 1, Malvern Road, Gillingham is Gillingham (Kent) station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Ground Floor Flat, 1, Malvern Road, Gillingham, 49.1% of property is privately owned with a mortgage and 31.9% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Ground Floor Flat, 1, Malvern Road, Gillingham, 20.2% of residents are recorded as possessing school level qualifications and 23.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Ground Floor Flat, 1, Malvern Road, Gillingham, the average age was 37.9 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Ground Floor Flat, 1, Malvern Road, Gillingham, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Ground Floor Flat, 1, Malvern Road, Gillingham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.